(765 ILCS 86/1-5)
(Section scheduled to be repealed on January 1, 2020)
Sec. 1-5.
Declaration of public policy.
The practice of selling land
that
is located outside the State of Illinois and offered for sale to individuals
who are
located in the State of Illinois is declared to affect the public health,
safety, and
welfare and to be subject to regulation and control in the public interest. It
is
further declared to be a matter of public interest and concern that the
business of
selling and conveying parcels of land from real estate subdivisions located
outside
the State of Illinois and the practice of land sales as defined in this Act
merit and
receive the confidence of the public, so that only qualified persons be
authorized
to practice the sale of foreign land within the State of Illinois. This Act
shall be
liberally construed to best carry out these subjects and purposes.
(Source: P.A. 91-338, eff. 12-30-99.)
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